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Our resident tech pro Bond Wimp is helping me (aka doing 98% of the work) upgrade the Stone Street Advisors website this weekend. We’re trying to make it as seamless as possible, but don’t be surprised if things get a little screwy over the next few days.

This is the most recent version of an older version of this report I read recently. Implications are huge here for many firms, think Tiffany, Coach, LVMH, Ralph Lauren, and the list goes on and on. Worth a read for anyone who covers luxury retail names and wants to know whats really going on in China.

**update**

Scribd sucks (as I’ve said since it started), so I’m just uploading the pdf directly here. Sorry for the confusion

A friend sent me an email about YOKU because he’d read my previous work, and I set out to respond quickly and concisely. However long and about 1,200 words later, I realized I’d inadvertently (basically) summarized my outlook on YOKU in a kind of stream-of-consciousness style. With the caveat that this isneithermy fullnorformal analysis, I’ve decided to publish my response to that email for those of you interested in my take on YOKU.

This may be the best report I’ve read on the Debt Ceiling impasse so far (FD: I haven’t read many in full, sorry). This report as, among the ones I have looked at, the benefit of being fairly easy to read/comprehend, with as little legalese/technical jargon as possible.

I almost always suggest getting your information not from the media, but from going directly to the source. This time is no exception.

Take for example these two slides about what could potentially happen far more clearly than anything I’ve read:

This is some serious, serious stuff.

**UPDATE: Thanks to the BPC, I’ve updated the link for the report, below, should work fine now**